Hi guys.
Currently, I am working as Application consultant.
in given project, I need to set up standard costing for some mannufacturing company which are using standard cost for their Item.
untill now, I know where to put the Direct Material cost in Item card and direct labor cost and Variable overhead cost in work center or machine center.
but, I am not able to know where to enter the Fixed overhead cost as part of all unit cost.
Fixed cost should not be changed as production of unit is increased. I tired to enter in the overhead rate and % of Indirect cost for fixed cost. then, the costs in overhaed rate and % of indirect cost are changed as unit production is increased.
My priority question is that Where TO Enter the Fixed overhead cost which are not changed in order to set up the standard cost??
please answer about it
Currently, I am working as Application consultant.
in given project, I need to set up standard costing for some mannufacturing company which are using standard cost for their Item.
untill now, I know where to put the Direct Material cost in Item card and direct labor cost and Variable overhead cost in work center or machine center.
but, I am not able to know where to enter the Fixed overhead cost as part of all unit cost.
Fixed cost should not be changed as production of unit is increased. I tired to enter in the overhead rate and % of Indirect cost for fixed cost. then, the costs in overhaed rate and % of indirect cost are changed as unit production is increased.
My priority question is that Where TO Enter the Fixed overhead cost which are not changed in order to set up the standard cost??
please answer about it